4-bed · 2,748 sqftRimal 5, Jumeirah Beach Residence · 19th floor · completed 2007

1903, Rimal 5

Sold prices and rental history: sold 5 times, last in September 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1903 · DLD and Ejari recordsUpdated 23 September 2021
Last soldAED 3.8M23 September 2021
Current rentAED 175K /yr4 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1903, Rimal 5

What is 1903 worth today?

Last sold for AED 3,800,000 in 2021

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23 Sep 2021SoldReady
AED 3,800,000AED 1,382 per sqft
4 May 2021RentedNew contract
AED 175,000/yr12 months · AED 64 per sqft
4 May 2021RentedRenewal
AED 175,000/yr12 months · AED 64 per sqft
4 May 2020RentedRenewal
AED 190,000/yr12 months · AED 69 per sqft
4 May 2019RentedNew contract
AED 205,000/yr12 months · AED 75 per sqft
1 Aug 2018RentedRenewal
AED 235,000/yr12 months · AED 86 per sqft
20 Nov 2017SoldReady
AED 3,200,000AED 1,164 per sqft
1 Aug 2017RentedNew contract
AED 235,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 23 September 2021.

Key facts

Type
4-bed apartment
Size
2,748 sqft
Floor
19th of 40
Parking
M100-1
Developer
Dubai Properties
Completed
2007
Service charge
AED 43,800 /yr
Last sold
AED 3.8M · September 2021
Building
Rimal 5

About 1903, Rimal 5

1903 is a four-bedroom apartment of 2,748 sqft on the 19th floor of Rimal 5, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 23 September 2021 for AED 3,800,000, or AED 1,382 per sqft, 31% above the AED 1,056 four-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 4 May 2021, is AED 175,000 a year: a gross yield of 4.6% on the 2021 price, before the service charge of about AED 43,800 a year.

Sales and rents for 1903 over time

Sales
Unit 1903, each saleTypical four-bed in Rimal 5
2M4M2007201220172022Typical sale price by year: 2007 AED 949,000; 2008 AED 1,427,000; 2011 AED 2,300,000; 2012 AED 2,407,000; 2013 AED 949,000; 2014 AED 3,275,000; 2015 AED 3,000,000; 2021 AED 3,000,000; 2023 AED 3,200,000; 2024 AED 4,450,000Sold by developer, July 2007: AED 949,000 (AED 345 per sqft)Sold, October 2007: AED 3,450,000 (AED 1,255 per sqft)Sold, July 2011: AED 2,825,000 (AED 1,027 per sqft)Sold, November 2017: AED 3,200,000 (AED 1,164 per sqft)Sold, September 2021: AED 3,800,000 (AED 1,382 per sqft)

1903 has sold 5 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1903, each contractTypical four-bed in Rimal 5
150K200K250K2012201620202024Typical rent by year: 2012 AED 180,000; 2013 AED 189,000; 2014 AED 208,950; 2015 AED 215,000; 2016 AED 215,000; 2017 AED 211,399; 2018 AED 202,375; 2019 AED 175,000; 2020 AED 150,000; 2021 AED 155,000; 2022 AED 178,000; 2023 AED 199,755; 2024 AED 220,000; 2025 AED 245,000; 2026 AED 233,500New contract, August 2012: AED 180,000 a yearNew contract, February 2014: AED 210,000 a yearNew contract, February 2015: AED 235,000 a yearRenewal, February 2016: AED 203,077 a yearRenewal, March 2017: AED 220,001 a yearNew contract, August 2017: AED 235,000 a yearRenewal, August 2018: AED 235,000 a yearNew contract, May 2019: AED 205,000 a yearRenewal, May 2020: AED 190,000 a yearNew contract, May 2021: AED 175,000 a yearRenewal, May 2021: AED 175,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Rimal 5, and where 1903 sits

All 48 4-beds →

1903 last sold in September 2021 at AED 1,382 per sqft, 31% above what four-beds in Rimal 5 were fetching at the time (AED 1,056). Over the last 12 months four-beds sold for AED 3,300,000 to 4,927,429, around AED 1,526 per sqft, and rent for AED 180,000 to 270,000 a year. 1903's AED 175,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
13 Jul 20263,300,000
9 Feb 20264,927,429
17 Dec 20254,142,917
22 Sep 20255,900,000
3 4-bed sales in the last 12 months

Rimal 5

Building

198 apartments, 2-bed to 4-bed over 40 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 8 sold in the last 12 months.

Typical price per sqft
AED 1,949
Typical sale
AED 4.94M
Typical rent
AED 190K /yr
Typical yield
4.6%
Rimal 5, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 19th floor

All 198 units in Rimal 5
Value
19013-bedAED 3.2M · Feb 2015
19023-bedAED 1.65M · Jul 2008
19044-bedAED 2.2M · Jan 2012
19053-bedAED 699K · Dec 2010
19063-bedAED 699K · Jul 2007

1903, Rimal 5 in numbers

  • Sold 5 times: first on 9 July 2007 for AED 949,000, last on 23 September 2021 for AED 3,800,000 (AED 1,382 per sqft).
  • Rented since August 2012 on 11 Ejari contracts, from AED 180,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2021 price is 4.6%, before a service charge of about AED 43,800 a year (AED 15.95 per sqft).
  • Four-beds in Rimal 5 sold for AED 3,300,000–4,927,429 in the 12 months to November 2026; the building's median across all types is AED 1,949 per sqft.

Source: Dubai Land Department. Updated 23 September 2021.

Questions about 1903, Rimal 5

What did unit 1903 last sell for?

AED 3,800,000 on 23 September 2021: AED 1,382 per sqft for 2,748 sqft. The unit has 5 registered sales; the first was AED 949,000 in July 2007.

What is the rent for unit 1903?

AED 175,000 a year on the contract signed on 4 May 2021. The previous contract, from May 2021, was AED 175,000; the unit has been rented since August 2012.

How big is unit 1903?

2,748 sqft (255.3 sqm): a four-bedroom apartment on the 19th floor of a 40-storey tower completed in 2007.

What is unit 1903 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Rimal 5 sold for AED 3,300,000 to 4,927,429 in the last 12 months, around AED 1,526 per sqft.

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Mortgage on 1903, Rimal 5

Starts from the last sale price (AED 3.8M, 23 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →